KINGDON CAPITAL MANAGEMENT, L.L.C. — 13F Holdings & Portfolio
CIK 1000097 · latest 13F-HR filed 2026-05-15
KINGDON CAPITAL MANAGEMENT, L.L.C. manages $911.0M in 13F-reported U.S. long-equity assets across 67 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (20.34%), SNDX (6.41%), NVDA (3.83%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 20 new positions, exited 25, added to 13, and trimmed 15.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$911.0M
Long-equity book
67
Distinct positions
2026-03-31
Filed 2026-05-15
+20 / −25 / ↑13 / ↓15
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SYNDAX PHARMACEUTICALS INC$9.0M +18.3%
- NVIDIA CORPORATION$7.8M +29.0%
- AAR CORP$7.6M +230.5%
- NEXGEN ENERGY LTD$6.0M +26.1%
- FLEXTRONICS INTL LTD$5.7M +99.6%
Top Trims
- OLEMA PHARMACEUTICALS INC-$11.1M -46.5%
- ALDEYRA THERAPEUTICS INC-$5.9M -62.0%
- WOLVERINE WORLD WIDE INC-$4.8M -40.4%
- SPORTRADAR GROUP AG-$4.7M -29.6%
- TELEDYNE TECHNOLOGIES INC-$4.7M -30.9%
New Positions
- ISHARES TR$12.8M
- GARRETT MOTION INC$12.7M
- AERCAP HOLDINGS NV$12.3M
- DARLING INGREDIENTS INC$11.8M
- BROOKDALE SR LIVING INC$11.6M
Exited Positions
- CRH PLC$18.7M
- ADVANCED MICRO DEVICES INC$15.0M
- LIBERTY MEDIA CORP DEL$13.8M
- ALPHABET INC$11.7M
- MOLSON COORS BEVERAGE CO$11.2M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $185.3M | 20.34% | 285,000 | SH |
| 2 | SYNDAX PHARMACEUTICALS INC | SNDX | 87164F105 | $58.4M | 6.41% | 2,500,000 | SH |
| 3 | NVIDIA CORPORATION | NVDA | 67066G104 | $34.9M | 3.83% | 200,000 | SH |
| 4 | NEXGEN ENERGY LTD | NXE | 65340P106 | $29.0M | 3.18% | 2,500,000 | SH |
| 5 | ISHARES TR Put | IWM | 464287655 | $24.8M | 2.72% | 100,000 | SH |
| 6 | KEYSIGHT TECHNOLOGIES INC | KEYS | 49338L103 | $22.6M | 2.48% | 80,000 | SH |
| 7 | WARBY PARKER INC | WRBY | 93403J106 | $22.2M | 2.44% | 1,053,644 | SH |
| 8 | SOLENO THERAPEUTICS INC | SLNO | 834203309 | $19.3M | 2.11% | 575,000 | SH |
| 9 | API GROUP CORP | APG | 00187Y100 | $18.2M | 2.00% | 450,000 | SH |
| 10 | MAPLEBEAR INC | CART | 565394103 | $17.6M | 1.93% | 470,000 | SH |
| 11 | HOWMET AEROSPACE INC | HWM | 443201108 | $16.1M | 1.77% | 70,000 | SH |
| 12 | ISHARES TR Put | MTUM | 46432F396 | $15.6M | 1.71% | 65,000 | SH |
| 13 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $15.2M | 1.67% | 45,000 | SH |
| 14 | ISHARES INC Put | EWY | 464286772 | $14.8M | 1.62% | 120,000 | SH |
| 15 | EVERUS CONSTR GROUP | ECG | 300426103 | $14.8M | 1.62% | 125,000 | SH |
| 16 | AMERICAN HEALTHCARE REIT INC | AHR | 398182303 | $14.1M | 1.55% | 300,000 | SH |
| 17 | VANECK ETF TRUST Put | SMH | 92189F676 | $13.4M | 1.47% | 35,000 | SH |
| 18 | ISHARES TR | ICLN | 464288224 | $12.8M | 1.41% | 700,000 | SH |
| 19 | OLEMA PHARMACEUTICALS INC | OLMA | 68062P106 | $12.7M | 1.40% | 855,000 | SH |
| 20 | GARRETT MOTION INC | GTX | 366505105 | $12.7M | 1.40% | 700,000 | SH |
| 21 | AERCAP HOLDINGS NV | AER | N00985106 | $12.3M | 1.36% | 90,000 | SH |
| 22 | DARLING INGREDIENTS INC | DAR | 237266101 | $11.8M | 1.29% | 190,000 | SH |
| 23 | ICON PLC | ICLR | G4705A100 | $11.7M | 1.28% | 105,300 | SH |
| 24 | BROOKDALE SR LIVING INC | BKD | 112463104 | $11.6M | 1.28% | 850,000 | SH |
| 25 | FLEXTRONICS INTL LTD | FLEX | Y2573F102 | $11.5M | 1.26% | 175,000 | SH |
| 26 | ALIBABA GROUP HLDG LTD | BABA | 01609W102 | $11.3M | 1.24% | 90,000 | SH |
| 27 | SPORTRADAR GROUP AG | SRAD | H8088L103 | $11.3M | 1.24% | 674,000 | SH |
| 28 | VSE CORP | VSEC | 918284100 | $11.1M | 1.21% | 60,000 | SH |
| 29 | HEICO CORP NEW | HEI | 422806109 | $11.0M | 1.20% | 40,000 | SH |
| 30 | AAR CORP | AIR | 000361105 | $10.9M | 1.20% | 100,000 | SH |
| 31 | TELEDYNE TECHNOLOGIES INC | TDY | 879360105 | $10.6M | 1.16% | 17,500 | SH |
| 32 | WAYSTAR HLDG CORP | WAY | 946784105 | $10.6M | 1.16% | 438,000 | SH |
| 33 | RALLIANT CORP | RAL | 750940108 | $10.4M | 1.14% | 250,000 | SH |
| 34 | ROBINHOOD MKTS INC Call | HOOD | 770700102 | $10.4M | 1.14% | 150,000 | SH |
| 35 | CRANE COMPANY | CR | 224408104 | $10.3M | 1.13% | 60,000 | SH |
| 36 | WELLTOWER INC | WELL | 95040Q104 | $9.9M | 1.09% | 50,000 | SH |
| 37 | SELECT SECTOR SPDR TR Put | XLF | 81369Y605 | $9.9M | 1.08% | 200,000 | SH |
| 38 | ACADIA HEALTHCARE COMPANY IN | ACHC | 00404A109 | $9.3M | 1.02% | 396,192 | SH |
| 39 | ISHARES INC | EWY | 464286772 | $9.2M | 1.01% | 75,000 | SH |
| 40 | COGNEX CORP | CGNX | 192422103 | $9.1M | 0.99% | 185,000 | SH |
| 41 | GE AEROSPACE Call | GE | 369604301 | $8.5M | 0.93% | 30,000 | SH |
| 42 | COLLECTIVE MINING LTD | CNL | 19425C100 | $7.5M | 0.82% | 425,000 | SH |
| 43 | ZEVRA THERAPEUTICS INC | ZVRA | 488445206 | $7.2M | 0.79% | 775,000 | SH |
| 44 | NU HLDGS LTD Call | NU | G6683N103 | $7.2M | 0.79% | 500,000 | SH |
| 45 | WOLVERINE WORLD WIDE INC | WWW | 978097103 | $7.1M | 0.78% | 436,000 | SH |
| 46 | GENESCO INC | GCO | 371532102 | $7.1M | 0.78% | 244,000 | SH |
| 47 | GXO LOGISTICS INCORPORATED | GXO | 36262G101 | $6.5M | 0.71% | 125,000 | SH |
| 48 | VICOR CORP Call | VICR | 925815102 | $6.4M | 0.71% | 40,000 | SH |
| 49 | AXON ENTERPRISE INC | AXON | 05464C101 | $6.2M | 0.68% | 14,500 | SH |
| 50 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | G25457105 | $6.1M | 0.67% | 65,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $911.0M | 67 | 0001000097-26-000005 |
| 2025-12-31 | 2026-02-17 | $841.2M | 68 | 0001000097-26-000002 |
| 2025-09-30 | 2025-11-14 | $805.7M | 77 | 0001000097-25-000022 |